XRP Rallies 12% Following Ripple’s Custody Deal With BNY Mellon

Key takeaways: XRP price jumped around 12% after Ripple named BNY Mellon as custodian for its RLUSD stablecoin. Traders are betting on increased XRP utility as RLUSD adoption potentially shifts from Ethereum to XRPL. Bullish chart patterns suggest XRP could rally toward $2.87 or even $3.72, barring a breakdown below $2. XRP (XRP) has surged…

Bitcoin Nears $120,000 With New All-Time High

Key points: Bitcoin tags fresh record highs into the weekly close as liquidations punish shorts. BTC price areas of interest include a support test of $115,000. Hopes build that BTC/USD will copy its seven-week “discovery uptrend.” Bitcoin (BTC) hit new all-time highs on Sunday as BTC price volatility returned into the weekly close. BTC/USD 1-hour…

CZ Retweets Claims Coinbase Behind Bloomberg’s Trump Stablecoin Report

Binance co-founder and former CEO Changpeng “CZ” Zhao has reposted a tweet alleging that Coinbase was the “anonymous” source behind Bloomberg’s report targeting Trump’s crypto project, World Liberty Financial, and Binance. In a Sunday post on X, crypto commentator Matt Wallace claimed Coinbase executives feared a potential pardon for Zhao and Binance’s return to the…

PayPal Exec on Why His Firm Is Excited to Bring Its Stablecoin to Stellar

On June 11, PayPal announced plans to launch its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), on the Stellar blockchain network, pending regulatory approval from the New York State Department of Financial Services. If approved, the move would mark the expansion of PYUSD beyond its current availability on Ethereum and Solana. PayPal described Stellar as a…

Ziglu Faces $2.7M Shortfall as Crypto Fintech Enters Special Administration

Thousands of savers face the grim prospect of losing their investments after administrators uncovered a 2 million pounds ($2.7 million) shortfall at Ziglu, a British cryptocurrency fintech that collapsed earlier this year. The company, which suspended withdrawals in May, was placed into special administration last week amid mounting concerns over its financial management, according to…

Ziglu Faces $2.7M Shortfall as Crypto Fintech Enters Special Administration

Thousands of savers face the grim prospect of losing their investments after administrators uncovered a 2 million pounds ($2.7 million) shortfall at Ziglu, a British cryptocurrency fintech that collapsed earlier this year. The company, which suspended withdrawals in May, was placed into special administration last week amid mounting concerns over its financial management, according to…

Bitcoin Tries and Fails to Puncture $110,000 Liquidity

Key points: Bitcoin tries and fails to crack $110,000 as overhead liquidity thickens. Traders say that more signs of strength are needed to reignite bull market momentum. Macro cues include next week’s CPI print as a potential volatility date. Bitcoin (BTC) attempted a run on $110,000 around the Wednesday Wall Street open as sellers lined…

Czech National Bank Increases Palantir Stake, Adds Coinbase Shares

The Czech National Bank adjusted its US investment portfolio in the second quarter by increasing its stake in Palantir Technologies and initiating a new position in cryptocurrency exchange Coinbase Global. These moves were disclosed in a Form 13F filing, which is a quarterly report filed by investment managers to the Securities and Exchange Commission that…

At Least 36 Public Firms to Add Bitcoin by Year-End: Blockware

Blockware Intelligence predicts that by the end of 2025, at least 36 more public companies will have added Bitcoin to their balance sheets. “This is just the beginning. In the next 6 months, we expect at least three dozen more public companies to add Bitcoin to their treasury,” Blockware said in its Q3 2025 market…

Crypto Risk-Seeker James Wynn Deletes X Account

Update (July 12, 2025 23:17 UTC This article has been updated to add more information on the last known state of James Wynn’s X profile. James Wynn, a crypto trader known for his high-leverage crypto bets, appears to have deactivated his X social media account, following nine-digit losses. Wynn’s X handle “JamesWynnReal” now routes to…